The Colts now need a complete rebuild around Luck and a couple of other key pieces; that undersized, overachieving Defense is the D of the past, NOT the D of the present and future; just look at how their best LB got run over and bullied all over the field, but especially at the goal line.
And it's time to retool that Offense from the Coordinator down to the practice squad. Loyalty is a great thing, but Reggie Wayne should have retired last season. It's time to rebuild around what's worth keeping.
If I'm Irsay, I'm on the phone non-stop until I make as many as a dozen trades for draft picks once trading opens. And I'm restructuring contracts like mad, finding every penny to spend on quality big butts on DL and big, fast LBs.